The Fate of New Line Cinema
Just in from /Film:

When Time Warner announced that New Line would be gobbled up by Warner Bros, we speculated that layoffs would be minimized for the short term. Variety now reports that at least 75% of New Line’s 600 staffers will likely get the axe in the coming months. As for the company’s upcoming slate of films, Warner Bros won’t decide “specific decisions on possible date switches” for probably several more weeks.
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75 percent of New Line's 600 staffers!
Woah. I had to read that three time to make sure I read it right. That’s so, so sad…
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